2017 was a great year for the stock market. It also was a decent year for the bond market. Treasuries and preferred stocks performed the best from the fixed income categories selected, as seen below:
Income type: | Treasuries 20+ | Corporate Bonds | Build America | Municipal Bonds | Junk Bonds | Preferred Shares |
Ticker: | TLT | LQD | BAB | TFI | JNK | PGX |
2017 Return w/ Dividend | 10.00% | 7.70% | 6.16% | 5.90% | 6.28% | 10.15% |
Even with rates rising in 2017, the bond market seemed to shrug it off and bonds did slightly opposite what one might expect them to do when rates are